Black Friday retail figures are expected to increase again in 2016 with a 16% increase over last year. Tablets, phones and other imported goods are topping the list. But Brexit, forex and inflation will start to bite next year - I wonder if this is the best Black Friday we will see for some time?
Black Friday sales this year are likely to top £2bn, say analysts, as shoppers hunt for bargains ahead of an expected rise in prices in 2017.The fall in the value of the pound is forecast to push up the prices of imported goods next year.Initial reports suggest that spending was up on last year, despite some sales starting days ago.But advice services say many discounts are also available at other times, when consumer finances are less stretched. Online v High StreetThe Nationwide Building Society said purchases by its customers were up 27% on a year ago. Black Friday sales last year were about £1.9bn, but retailers are now stretching the one-day shopping extravaganza over several days.Amazon and some supermarkets started their sales up to 10 days ago.